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#ConsumerConfidence

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"He’s behaving like a predator, wreaking havoc because he can, motivated mainly by ego and impulse that the thin veneer of weak rationale ought not to obscure. …

The biggest lie Trump and Vance told America in 2024 was that they cared about the well-being of ordinary people."

~ Jonathan Weiler


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jonathanweiler.substack.com/p/

Jonathan’s Quality Kvetching Newsletter · Corruption, Cruelty and ChaosBy Jonathan Weiler

Noting that the well-regarded University of Michigan consumer-sentiment index released yesterday shows consumer confidence falling for the fourth straight month, dropping 11% from March, Heather Cox Richardson writes,

"This level of consumer sentiment is the second lowest since the index began in 1952."


/1

heathercoxrichardson.substack.

Letters from an American · April 12, 2025By Heather Cox Richardson

Evidence that the US stock market is based solely on imaginary wishful thinking?

China increases tariffs on US products to 125%, the US bond market is experiencing a sell off, companies are announcing layoffs daily, and there are reports of companies pausing investment decisions until things settle down, the consumer sentiment measurement reports a reading of 50.8.

And, the wishful thinking DOW is at +760 as of this posting.

Note: a sentiment number of 100 is the baseline between a positive consumer confidence and a negative consumer confidence. A report of 50.8 should be a major concern for everyone.

#Layoffs abound in US private #industry and publicly traded companies as #DJT admin hacks through vast swaths of #Federal #employee roster in #DC as well .

None of these financial freakout factors bode well for the near term USA #economy...

Companies that have laid off hundreds, if not thousands, of #employees each since inauguration include #SiriusXM , #IAC , #HewlettPackard, #Boeing, #Wayfair, #Starbucks, #BlackRock , #Meta , #Salesforce, #Stripe and many many more as statistics show #ConsumerConfidence is obviously shaken and industries from #fintech to frozen food, #solar to satellites all taking fiscal hard hits in early #HardWay #NegativeGrowth months of new #GOP administration voter #ConJob ...

businessinsider.com/recent-com

cnn.com/2025/03/12/economy/rec

#USA Economic indicators look far from rosy as #Drumpf #tariffs begin next week.

America's #Labor #data, home sales, and #GDP are all on the decline, according to latest reports that came in this week.

Jobless claims are spiking along with high interest rates & real estate valuations that have kept home sales low, dropping to their lowest level in over two decades.

Prices of goods on a wide array of everyday #food products are going to jump up on already queasy #consumerconfidence, affecting an array of goods from #canola oil to #Tequila. Companies like Domino's #Pizza are already warning investors the impacts #DJT policy will have on their seemingly insulated businesses.

qz.com/u-s-economy-slowdown-gd

As #Trump’s policies begin to take effect, #ConsumerConfidence has fallen sharply & #inflation expectations rose while Americans fret about surging #prices & the potential impact of #tariffs.

The recent jump is stoking yet more uncertainty about an economic outlook already clouded by Trump’s chaotic approach to #trade, #immigration, #taxation & other #policy areas.

#economy #PersonalFinance #USpol
conference-board.org/topics/co

The Conference BoardUS Consumer ConfidenceA monthly survey of US consumer attitudes, spending plans, and expectations for inflation, stock prices, and interest rates